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Search Results 0 to 49 of about 546 (some duplicates have been removed)
got to the budget surplus. i did not vote for the war or the tax cuts for the rich. with the giveaways to the drug companies that blow a hole in the budget. we had the biggest budget surplus to the biggest budget deficit in 2008. >> so you believe the senate is doing their job? >> i think that they did the right thing in the budget control act. this includes revenue and going after these tax loopholes. the politicians who signed the pledge to the lobbyists grover norquist -- >> i will give you 60 seconds to respond. >> sitting around your kitchen tables you can't go three months without managing your finances. you can't go three weeks without managing the budget for your small business. but he and other career politicians have gone three years since they passed a budget. he talks about the budget control act. if you are watching this, think for a second. do you have the budget control act in your small business? this is washington speak. we manage our small business with the budget. but these politicians to think that they can live by different set of rules. after y
recently would you accept the $1 tax increase for $10 in cuts, and you said yes. dold: sure. >> moderator: somewhere between that and 70/30, i mean, just as a general proposition? dold: well, certainly what i took as a framework in what we did, we laid out a broad framework that was talking about a bipartisan budget that would put revenues on the table and also spending cuts. i don't want to say we'd say it's got to be this or that simply because we don't know what the proposals are going to be. we do face a fiscal cliff, and the only way i think we're going to resolve this problem is by coming together and working together as i've done in this last 22 months. >> moderator: brad schneider, how did you come up with the split? schneider: if you look at what we've had in this past congress, a congress that has done everything but address the challenges we face, you have a ryan plan that not once, but twice my opponent voted for that continues to give additional benefits and cuts to the most fortunate americans, additional subsidies to large oil companies and companies shipping jobs overseas.
extension of state authority? >> well, i think the issue is less about the tax breaks and more about preserving the policy decision made by the state of oklahoma. there is a responsibility vested in each state in this country to make a decision presently about whether they adopt a state health care exchange, and there are factors that drive that. there are reasons to do that. there are reasons not to do that, but we ought to play by the rules that have been set up by the affordable care agent so the state can make a formal decision. if we adopt x, the benefit would be want? the feds wouldn't force upon the state of oklahoma a health care exchange, but if you don't implement a health care exchange, the affordable care act is clear in its language here's what flows from that. the irs disregarded that. they acted in a way that's inconsistent with the apa by adopting this rule on may 18th. it's the state's responsibility, and there may be other states that join this because, again, 20 # or so states have not adopted an exchange. it's about preserving the ability of the state to decide wh
minutes. >> to do that -- >> the fight over governor brown's tax measure is close. our conversation with jerry brown on california's budget crunch. thank you for joining us this morning. it is sunday, october 28th. i am anne makovec. >> and i am phil matier. the governor sat down with us this week. we will show you highlights on his proposition 30, the tax plan hanging in the balance. >> and an in-depth conversation with senator diane feinstein up for re-election right now. we also had a big earthquake overnight off the coast of canada that we are following, as well. >> and in other new, hurricane sandy is moving up the eastern seaboard with the outer bands bashing the islands of north carolina. >> and the governor of new york is ordering a halt to all public transit is in new york city tonight at 7:00. the storm could affect more than 50 million people. the bridges and tunnels will also be shut down. susan mcginnis is live on the coast of delaware and susan. the winds have looked to have picked up in just the last hour. >> reporter: it certainly has ann and phil. the winds have
some of the tax breaks, such as the breaks on social security payroll taxes can be continued onward from december. i think that's very important to keep money in the hands of the middle class and enabling their spending, and jobs. >> eliot: all the miles you're talking b all of which i'm fully in accord with all predicated with president obama to guide the path. i agree, if he gets the second term. one of the premise that i view and i think you view as one of the misguided policies of mitt romney if you lower the tax breaks you get an outbreak of investment. there was a survey that disputed that. they polled it under political pressure. what is your wisdom as someone who has studied this in great death, would this bring investment as mitt romney high hypothesizes. >> no, between cutting marginal tax rates on the top and creating more jobs or economic growth. clinton increased taxes and we had jobs than when bush cut taxes. yet average economic growth during the years was better than it has been since. look at nations even in germany and europe scandinavia, they have faster economic
have less than two months to steer clear of the fiscacliff-- the combination of tax hikes and government spending cuts scheduled to take affect in january. our market monitor this week says plan now for higher taxes soon, and higher interest rates eventually. duncan richardson is chief investment officer at eaton vance management. he joins us from that firm in boston. duncan, i take it you're a pessimist in regards to avoiding the fiscal cliff that we're going to go over? >> not really a pessimist. i think the fiscal cliff is going to be more of a fiscal slope, but there will be a tax element to it. i think because we're starting at such a low level of tax rates, we're very likely to have higher taxes either immediately with the expiration of the payroll tax and potentially on capital gains and dividends in 2013 and beyond. >> tom: how should invests approach that, invest on what tax rates may be next year? >> not really. but there are great costs to be avoided by lessening the tax drag on your investment. positioning your portfolio and making sure you're in sthooks can ou
that will make the auto industry strong -- [indiscernbile] he wants sensible regulations. he wants tax reform that will ensure we can get the auto companies back on their feet. he wants to make sure that trade is fair. he wants workers trained to work better for them. he wants their energy costs now. that is what will keep energy -- otter jobs here in ohio. that is what mitt romney is going to. balks, we are in the fourth quarter. the score is tied. we're in the red zone. we got the momentum on our side. are we going to be sure that we take mitt romney over the goal line in the next eight days? ladies and gentlemen, the next president of the united states, mitt romney. b >> thank you. what an avon lake welcome. thank you so very much. thank you, senator portman, and the lieutenant governor has been going with us all over the state. her support means everything in the world. the senator was my sparring partner. he was really strong. i finally -- it is nice not to argue with him all the time. withs good to have withhim me on the campaign trail. we have got to reelect him as the next congressman
the opposite of what obama claims he's going to do. that is he's lowered taxes and closed budget deficits. but i actually find the trust argument very odd. because president obama promised that we would have 4.2% economic growth right now.wo we have 2%. he promised an unemployment rate that would be far below where it is today. he hasn't delivered on his promises. on the issue of trust, what is going on with regard to libya? i mean here we have an extraordinary thing where the president comes out on friday and says i directed that everything possible should be done to aid our embassy under attack. that attack went on for seven hours, we now know that secretary of defense saying he denied requests for help over that seven hours. where is the leadership. it's a trust issue. >> on the economy, how does it tip the scales, david brooks and ej dionne in the final nine days? >> i think this has been the worst campaign i've ever covered. i think they're both ending on the same note they started. obama is doing a negative campaign, he's got an ad out which is called "remember" which is about romne
, when harry reid stands up and says, hey, i heard a rumor that mitt romney didn't pay his taxes, and mitch mcconnell stands up and says i'm going to make you a one-term president, they're acting like kindergarteners. we need new leadership that will say we are now working for the american people. forget politics, forget party. it is time for us to move forward, and when i'm back in washington, i promise you i'll work with either president. >> moderator: senator hatch, a rebuttal. hatch: well, i have to say i've had democrats come up to me during that very difficult preconvention time and say you've got to win. you're one of the few guys that can bring us together. it wasn't just with senator kennedy, it was with dozen of others. henry waxman is the most liberal guy in the house of representatives, but he's brilliant. we did the hatch-waxman act that was done right in my office. by anybody's measure, it's one of the best consumer bills in history. i can do it. >> moderator: rebuttal, mr. howell. howell: well, you know, i appreciate our senator talking about the past. he's gone so
has paid much attention. but unless nothing is done before january 1st, we are going to see taxes rise on most people because that's the end of the payroll tax cut that president obama and congress agreed to. that also means that the end of the bush tax cuts, not only for people over $250,000 of income, but also everybody else who were to some extent, their taxes were also reduced by the bush tax cut. the alternative minimum tax, that also would kick in. there's no alternative to the alternative minimum tax on the table. so you have the typical family after january 1st seeing a tax hike in the range of $1500 to $3500 for the year 2013. now, i expect congress is going to do something, if it doesn't act before january 1st, it's probably going to act sometime in january and then make what they do retroactive to january 1st. >> all right. looking at the long-term and the short-term. we're going to know what those jobs numbers are tomorrow. great to see you, as always. thank you. >> thanks, thomas. >> so just to point out again, we are awaiting for live remarks from the president as he dise
job growth. he box romney's plan to lower corporate tax rates and get rid of certain deductions. to the gas shortage, the biggest metropolitan area in this country is paralyzed by gas shortages. only a small percentage of stations have power and where they are pumping, the lines are stretching for literally miles. and takes hour to fill your tank and those stations are starting to run out of gas. it is getting ugly. tensions, frustrations rising, one driver in queens was arrested for pulling a gun on another driver who confronted him for cutting the line. in our next hour, the gas buddy joins us to talk about where there is gas. if ever there was a time when people needed a gas buddy, this is it. we're going to get both sides of the jobs issue after the break. the closing-- the opening bell coming up next. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-ben
to the storm. president of france thinking about putting a tax on google and other search engines for every time they use content sore throats. oh, okay, you don't need to do that. but i don't want any more of the usual lozenges and i want new cooling relief! ugh. how do you feel? now i'm cold. hmm. this is a better choice. new cepacol sensations cools instantly, and has an active ingredient that stays with you long after the lozenge is gone. ahhh. not just a sensation sensational relief. . look ! no ugly spots ! and see that shine ! you've got to try finish. because once they try finish they can't keep it to themselves. i'm switching for good. wow ! awesome ! finish is seriously good. cannot believe how great it works. incredible shine. i won't use anything else. love, love, love finish ! so far over a million neighbors, friends, and family have switched to finish. join the finish revolution. recommended by more dishwasher brands worldwide. >>> welcome back many here's 807 down at -- san jose you can see how thick the fog is outside the dense fog advisory varying conditions for the commut
in why we still have those. >>> plus do you think the rich pay their fair share of taxes? what if we told you they're paying more than ever before? "the wall street journal" steve moore is here with all of the facts. >>> thanks but no thanks. new york city mayor bloomberg tells president obama, not to visit the big apple after the storm. i say thank goodness. but one of my guests says bloomberg is way out of bounds. he is here to disagree with me. even when they say it's not, it is always about money. melissa: first after a two-day hiatus, let's look at market headlines. wall street swung back into gear on the first day of trading since superstorm sandy. stocks were choppy throughout the session. they closed mixed throughout the day. dow closed down 10 points. home depot closed higher on the dow. expected demand of home and construction supplies sent shares up 2%. that makes sense. facebook shares tumbled 4%. a lockup expired on 229 million shares today. another 804 million shares will become unlocked on november 14th. >>> lots of damage to assess. the president just spoke after touring n
. they register under the tax code 501 c 4. the organizations that are primarily about educating people about issues or policy options and things like that but they're allowed to do some political activity. it can't be the main thing they're about. but they are permitted to be in politics. and now because ofthe decisions from 2010 that are so famous they can be more specific in the way they're involved. the things that define the elections are -- because they're mainly about enl indicating people have been able to do that -- educating people and not mainly about elections, they have been able to do that without disclosing the sources of the money that they've gotten. so tense or hundreds of millions of dollars being spent without us knowing where it actually came from. host: let's go to our democrats line. caller: what i would like to say about this money, i feel like this money is basically it's generations of money which a lot of elderly white people have built up over time when the system was discriminatory. now they have come out and decided to buy an election. this money is not taxed or
. >> joe biden responded to romney this way today. >> called it territorial tax. it's the bain way. it means if you're going to build a factory you go find -- this is the fact. you go find a currentory with the lowest tax rate and the cheapest wages. build it there, pay those taxes and you never have to pay a penny in tax in the profit you make when you bring them back home. why would anybody build -- why would anybody build a factory here? ladies and gentlemen, the experts point out, that new territorial tax will create 800,000 jobs. all of them abroad. i'm not making up, all of them abroad. 800,000. i found it fascinating at their convention when governor romney said the first thing i will do when i'm elected president, i will take a jobs tour. it's going to have to be a foreign trip. >> joining me now ezra klein and eugene robinson. it was a strong week for the conspiracy theoryists about the unemployment numbers. first the theory was that the president would use hurricane sandy and its effects possibly on washington, d.c. as an excuse for delaying the jobs report until after th
giving as much time and space and not tax can the resources, president obama went to the head of the federal emergency management office for a bit of a status report. mr. romney does not enjoy that power of incumbency but every hour lost to sandy is precious time that neither of these campaigns can really afford to give up. ohio has been an obama advantage in the polls for many, many days. romney campaign say they have caught up. new poll out from ohio, consortium of newspapers that mr. romney's momentum is not an actual tie at 49-49 apiece. >> harris: carl cameron, literally from the road. once again we'll carry that event live in ohio with governor romney and paul ryan coming up. >> gregg: sit down and put on your seat belts. making me nervous. >> massive cover-up or incompetence? very strong words from senator john mccain on the administration's handling on the attack on the u.s. consulate in benghazi libya that killed four americans including our u.s. ambassador. mrz lawmaker calling for the immediate release of all surveillance video gathered during that deadly attack. na
by conservative faith in lower taxes and less regulation. >> those people in this country who want real change from day one are going to vote for paul ryan and myself, and i need your help. [applause] >> how does america change if mitt romney is president? >> america chances in two significant ways. the first is he does try to do a tax reform that's long overdue. we haven't had a significant tax reform since 1986, and the second is, waste the future of the safety net and the old wage and low-income programs? it's a very different vision there. >> in the waning hours of his bid for the white house, mitt romney has pitched himself as a candidate of compromise. he talks about working with good democrats to get america moving again. and it is exactly what this bit earl divided country really -- bitterly divided country really needs. but there's a hitch. his priorities may make that compromise simply impossible. >> what the court did not do on its last day in session, i will do on my first day if elected president of the united states, and that is i will act to repeal obamacare. >> mr. obama's expe
mentioned his a significant impediment to the economy. if we see very large increases in taxes, and by the way, never liked the work fiscal cliff because it tends to but still lower spending with higher taxes. most of the problem is on the tax side, not thespending side. if we don't get that fixed we're going to have the very significant drag on this economy , sufficiently significant that we cold go into a recession. gerri: the national association of manufacturers out with a study showing that if everything does stay in place we will get unemployment at 12%, lose 6 million jobs. the report even says that the threat of the fiscal cliff cut half a percent of the gdp this year. the impact is already there. it will mean fewer jobs, less robust economy. the you think they are talking up the story are too pessimistic , do you think they're right on target? >> well, i would not doubt for their numbers, but i certainly agree with the direction that they're talking about. there is no question that it is not just uncertainty. it is the concern that we will have higher taxes and taxes o
of getting an affordable mortgage. they brought their tax returns and bank statements to the convention center. the neighborhood assistance corporation of america organized the save the dream event to help people keep their homes. bank of america, chase and others met with homeowners working to lower their interest rates or lower the principal. >> i have been through a divorce and desperate to change -- lower my interest rate. >> i 82 82 -- i couldn't believe it, they took my loan down to 2%. >> save the dream continues through next monday from 8:00 a.m. to 8:00 p.m. >>> a loss today because of weakness in the upperren markets. sun power posted a lost of 41 cents a share. they estimated a loss of 21 cents a share. before the report was released stock closed up 25 cents a share. on wall street today, positive reports on jobs, manufacturing helped push stocks up. the dow is up 136 to 13,232. the nasdaq is up 42 at 3,020. the s&p is up 15 to 1,427. >>> in or out? yes or no. >> governor jerry brown gives voters an ultimatum, we ask if there is another way. >> i am back here at 5:20 p.m., th
, first of all, the president's tax increases are going to hit our economy just like they are going to hit ohio very hard. two-earner families are going to get hit hard and our small businesses will get hit hard. we have a big small tech industry and the tax increases will put our small businesses in jeopardy at the same time it -- >> let me interrupt you here -- virginia unemployment though is among the lowest in the country at 5.6%, so how will you combat that? >> well, virginia's unemployment is low because we've observed what president obama didn't and did the absolute opposite. we cut spending. we cut taxes. we made jobs our number one focus which is why we're one of the number one places to do business, number one place for jobs, but, again, just like governor kasich and the folks here, we need a president who will work with us, not work against us, and that's exactly -- we can't afford all the taxes from obama care, from the president wants to increase taxes at the same time in virginia. he's going to cut up to 200,000 defense jobs which in virginia are a key thing, not just for our
to the kind of tax rates we had under the clinton administration when those upper income earners were doing well and the entire economy was growing. we are going to have to make some tough choices and a balanced approach is the only approach i believe will get us there. >> heather, your rebuttal? >> it's amazing to me congressman heinrich that you can stand here having voted for a trillion dollar deficits for the last four years, the largest debt increase in american history and say that we have to control spending. you have done nothing to control spending over the last four years and with respect to cut gap and balance it's amazing to me also this idea of cutting wasteful spending, capping the ability of congress to spend money we don't have and balancing the budget is extreme. i think it would force congress to set priorities and stop funding things like solyndra and prioritize things like social security, medicare and education and that is why i support a balanced budget amendment to the constitution. e. republican congre
, that's a more efficient use of tax dollars. >> cenk: michael there is no such republican plan. the only plan that exists is to cut fema. there is no plan to add money to the local levels. >> i'm not here to defend that. or argue it. i'm here to tell you from -- yeah, i'm a republican and yes i'm a partisan. here's how it really works and what we really ought to be doing. >> cenk: michael one last thing. if you're a voter throughout and you're worried about these disasters and they seem to be happening at a quicker pace now and one guy seems to have handled things fairly well and says i'm going to continue to do that and another guy says i don't really even believe in fema at the federal. >> eliot: and i don't have a plan to make anything better at the state or local. >> eliot: so good luck to you. as a voter which guy would you go for? >> look, i don't think that romney's rhetoric really is that. he may think that we need more efficiently or spend their money and i think we should. i think to the extent we c
of appearances. i'll tell you, the crowd behind me is getting excited, ashleigh, because air force one is taxing over towards us where president obama is going to be coming out shortly and making his remarks. yes, paul ryan has been an asset to governor romney. it's why some are saying the race here has been pretty tight, although there is a small lead, a consistent lead, for president obama. today we saw "wall street journ journal" nbc news poll, three points up the president is here in wisconsin. yesterday there was a poll in milwaukee, a marquette university poll that had the president up by much more, eight points. you talk to the obama campaign, they'll point to that marquette poll and they'll say it's more accurate. it seems likie internal polls ae in between the two. the bottom line, while he has a lead that is significant, you have to pay attention to it, it's not quite comfortable. that's why you're seeing president obama here today. we saw joe biden here last week. but paul ryan was here yesterday. mitt romney will be here tomorrow. bill clinton last night and this morning. there is a
companies from hiring right now because the uncertainty about tax treatment of assets, of investments and so forth. don't you along to congress more than you do the executive branch to try and get something done as far as job growth goes? >> well, that's what the president tried to do last fall by introducing the american jobs act. you're right. i think extremists in congress blocked the ability to get the economy going again through investment in infrastructure, roads, bridges, and schools. everybody knows that needs to be built. we just witnessed it in the northeast. so we think there needs to be a major investment in infrastructure so that we can compete globally. i think it's really important for corporations that it are sitting on $5 trillion of profits to get their investment bank into securing the middle class in this country. i trust that this president is going to make it happen. >> they're not going to do that, though, if they feel that, you know, their taxes are going to go higher, their health care expenses are going to go higher. the president has not been able to get the two si
. as governor, he tried to cut funding for public schools. in washington, allen voted to end tax deductions for college tuition. and now, a budget plan that devastates k-12 classrooms-- all to pay for even more tax breaks for the wealthy. seiu cope is responsible for the content of this ad. imillion dollars for maryland one hundred schools.ty... question seven will double it. rushern baker: question seven will add table games and... a new casino, generating millions of dollars... every year, without raising taxes. leggett: and audits will ensure the money goes... where it's supposed to. more jobs, and millions for schools. baker: question seven will be good for our kids... our teachers, and our schools. leggett: keep maryland money in maryland. baker: please vote for question seven. leggett: vote for question seven. >>> the coast guard says a woman who was rescued in the atlantic after abandoning a tall ship in rough water has died. the 42-year-old woman was unresponsive when the crew pulled her from the water off cape hatteras last night. they are still looking for the captain. the hms bou
Search Results 0 to 49 of about 546 (some duplicates have been removed)